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RE: AS286 effectively no more..

  • From: Hank Nussbacher
  • Date: Thu Jul 25 04:39:42 2002

At 10:27 AM 25-07-02 +0200, Mikael Abrahamsson wrote:

On Thu, 25 Jul 2002, Kurt Erik Lindqvist wrote:

> Unless someone buys the equipment and agrees to theke the IRU:s on - they
> are worthless.

You can make fiber IRUs stick even if the company who bought the fiber
goes belly up.

IRUs ("Indefeasible Rights of Use" seems to be the acronym?) as far as I
know, is just that, you actually own the fibers you IRUed for the time
being.
Most IRU contracts I looked at before putting together ours did not specify a clause such as:

"Unless terminated earlier under Clauses 4.1, 4.2 or 4.3, this Agreement shall remain in force for a period of 15 (fifteen) years and shall be binding on the Supplier; any other legal entity which may replace the Supplier; the Supplier liquidator (should there be one) or anyone to whom the Supplier may transfer the rights and ownership of the underground fiber optic cables."
Go look to see if your IRU contract has any clause about the supplier liquidator.

-Hank


--
Mikael Abrahamsson    email: [email protected]